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Taxes

Egyptian Supreme Tax Council in the works following presidential decree | FinMin

Chaired by the Prime Minister, the council will include heads of the Federation of Egyptian Chambers of Commerce, Federation of Egyptian Industries, and Egyptian Federation of Investors Associations

Tax revenue collection rate rises by 42% during first 7M of FY2023/2024

Tax revenues have climbed by 21% annually during FY2022/2023 to hit EGP 1.2 trillion, the finance minister told media on Sunday

Tax authority introduces simplified tax regulations for small businesses

Under the new provisions, establishments with a business turnover below EGP 250,000 will be subject to an annual tax of EGP 1,000

FinMinistry’s e-payment center reports 607.3M transactions worth EGP 8.1trn since 2019

The FinMin underlined the stability of Egypt’s e-payment channels for taxes, growing a steady 30% with a reported EGP 1.9 trillion collected

Egypt’s budget deficit climbs to 3.2% of GDP in first 2M FY23/2024 | FinMinistry

Total revenues were up by 28% annually compared to the first two months of FY2022/2023, hitting EGP 206,88 billion